GOOG, MSFT, META: Options market braced for $1 trillion market cap swing after the bell Trump: It is a good time to cut rates Powell says he will remain as a Federal Reserve Governor Powell: Labor demand has softened clearly So long JPOW and thanks for all the memes What are the…
GOOG, MSFT, META: Options market braced for $1 trillion market cap swing after the bell Trump: It is a good time to cut rates Powell says he will remain as a Federal Reserve Governor Powell: Labor demand has softened clearly So long JPOW and thanks for all the memes What are the changes in the FOMC statement from March to April 2026 The full statement from the Federal Reserve April FOMC meeting FOMC decision: No change in rates as expected No one understands just how big the AI capex boom is. Some perspective Trump: I will not lift the naval blockade without a deal on the nuclear program Bitcoin finds willing sellers near resistance targets, and the technical tilt shifts down.
Bank of Canada’s Macklem: Under base case, changes to the policy rate likely to be minimal EIA weekly crude oil inventories -6234K vs -231K expected How and why all the Bank of Canada forecasts changed in the latest MPR Bank of Canada statement from the April 2026 rate decision Bank of Canada rate decision: Hold at 2.25% as expected US March Trade advanced goods trade balance -$87.8B versus $-86.95 billion estimate US March housing starts 1.502m vs 1.400m expected US durable goods orders for March +0.8% vs +0.5% expected Germany April preliminary CPI +2.9% vs +3.0% y/y expected The FOMC left rates unchanged, but the decision revealed a meaningful split beneath the surface. The vote came in at 8–4, with Miran dissenting in favor of a rate cut, while Hammack, Kashkari, and Logan supported holding rates but opposed adding an easing bias to the statement. That group effectively pushed back against signaling near-term rate cuts—giving the decision a hawkish tilt, especially heading into the leadership transition from Jerome Powell to Kevin Warsh.
That said, the broader committee still leans dovish. Eight members supported maintaining the easing bias, meaning the path of least resistance still points toward eventual rate cuts—even if the timing remains uncertain. As for Powell, this marked his…